Pablo Picasso
Le Déjeuner sur l'herbe
Found at
Sothebys,
New York
Picasso: Masterworks from the MGM Resorts Fine Art Collection, Lot 4
14. Oct - 24. Oct 2021
Picasso: Masterworks from the MGM Resorts Fine Art Collection, Lot 4
14. Oct - 24. Oct 2021
Estimate: 300.000 - 500.000 USD
Price realised: 2.137.500 USD
Price realised: 2.137.500 USD
Description
Pablo Picasso
1881 - 1973
Le Déjeuner sur l'herbe
Hand-painted and glazed terracotta
20 1/4 by 24 3/8 in. 51.5 by 62 cm
Executed in 1962; this work is unique.
Claude Picasso has confirmed the authenticity of this work.
Estate of the artist | Bernard Ruiz Picasso (acquired from the above) | PaceWildenstein, New York (acquired from the above) | Mirage Resorts, Las Vegas (acquired from the above on July 9, 1999) | Acquired from the above
1881 - 1973
Le Déjeuner sur l'herbe
Hand-painted and glazed terracotta
20 1/4 by 24 3/8 in. 51.5 by 62 cm
Executed in 1962; this work is unique.
Claude Picasso has confirmed the authenticity of this work.
Estate of the artist | Bernard Ruiz Picasso (acquired from the above) | PaceWildenstein, New York (acquired from the above) | Mirage Resorts, Las Vegas (acquired from the above on July 9, 1999) | Acquired from the above
Artwork auctioned at four times the upper estimate price
When the work Le Déjeuner sur l'herbe by Pablo Picasso was auctioned at Sothebys in New York in October 2021, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 500,000.00 but the actual price achieved was more than four times as high at USD 2,137,500.00 (€ 1,850,328.95). Of course, this price has nothing to do with the top prices that other works by Pablo Picasso achieve. The highest price we have observed so far was reached by the work Les femmes d'Alger (Version 'O') in May 2015 with an auction result of USD 179,365,000.00 (€ 163,148,080.77).
Kunstwerk zum Vierfachen des oberen Schätzpreises versteigert
Als die Arbeit Le Déjeuner sur l'herbe von Pablo Picasso im Oktober 2021 bei Sothebys in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 500.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 2.137.500,00 (€ 1.850.328,95) mehr als viermal so hoch. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Pablo Picasso erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Les femmes d'Alger (Version 'O') im Mai 2015 mit einem Auktionsergebnis von USD 179.365.000,00 (€ 163.148.080,77).
Pablo Picasso - Auction history
